July 7, 2019

Greece’s opposition conservatives returned to power with a landslide victory in snap elections on Sunday, and Prime Minister elect Kyriakos Mitsotakis said he had a clear mandate for change, pledging more investments and fewer taxes.

The win appeared driven by fatigue with years of European Union-enforced belt-tightening, combined with high unemployment, after the country almost crashed out of the euro zone at the height of its financial travails in 2015.

Conservative New Democracy had a commanding lead of 39.6 percent of the vote based on 73 percent of the votes counted versus 31.6 percent for incumbent leftist Prime Minister Alexis Tsipras’ Syriza, the official interior ministry tally showed.

Read more:

https://www.cnbc.com/2019/07/07/greek-conservatives-take-charge-in-early-election-results.html